Advisory board is weakness of health act

10:14 PM,
Apr. 27, 2012

Written by

RICHARD FELDMAN

IPAB. It has nothing to do with electronics. But it has all to do with the future of medical provider payments.

IPAB stands for Independent Payment Advisory Board. This new federal entity, created by the Affordable Care Act, generates fear and loathing among health care providers, especially those who stand to profit the most in our current system.

IPAB's mission is to achieve specific Medicare savings and control its net growth in spending. This is accomplished by mandating specific reductions in Medicare payments if projected costs rise higher than a predetermined target growth rate ...